VUCA is an acronym used by the American Military to describe extreme conditions in Afghanistan and Iraq. It stands for Volatile, Uncertain, Complex and Ambiguous.
2. Prepared By
Manu Melwin Joy
Assistant Professor
SCMS School of Technology and Management
Kerala, India.
Phone – 9744551114
Mail – manu_melwinjoy@yahoo.com
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3. VUCA WORLD
• VUCA is an acronym
used by the American
Military to describe
extreme conditions in
Afghanistan and Iraq. It
stands for Volatile,
Uncertain, Complex and
Ambiguous.
4.
5. VUCA WORLD
• This terminology is
resonating with an
increasing number of
CEOs as we try to make
sense of the constantly
changing challenges
brought on by politics,
economics, society and
the environment.
6.
7. VUCA WORLD
• We seem to be shifting
from an approach based
around problem solving
and planning aimed at
reducing uncertainty, to a
world where progress is
made by actively
engaging with
uncertainty, requiring
higher levels of leadership
agility.
8.
9. VUCA WORLD
• V = Volatility. The
nature and dynamics of
change, and the nature
and speed of change
forces and change
catalysts.
10. VUCA WORLD
• U = Uncertainty. The
lack of predictability,
the prospects for
surprise, and the sense
of awareness and
understanding of issues
and events.
11. VUCA WORLD
• C = Complexity. The
multiplex of forces, the
confounding of issues,
no cause-and-effect
chain and confusion
that surround an
organization.
12. VUCA WORLD
• A = Ambiguity. The
haziness of reality, the
potential for misreads,
and the mixed
meanings of conditions;
cause-and-effect
confusion.
13.
14. VUCA WORLD
• These elements present the
context in which
organizations view their
current and future state.
They present boundaries for
planning and policy
management. They come
together in ways that either
confound decisions or
sharpen the capacity to look
ahead, plan ahead and move
ahead. VUCA sets the stage
for managing and leading.
15.
16. VUCA WORLD
• For most contemporary
organizations – business, the
military, education,
government and others –
VUCA is a practical code for
awareness and readiness.
Beyond the simple acronym
is a body of knowledge that
deals with learning models
for VUCA preparedness,
anticipation, evolution and
intervention
17.
18. Success in VUCA WORLD
• Always retain a clear
vision against which
judgements can be
made, with agility to
flex and respond
appropriately to rapidly
unfolding situations.
19.
20. Success in VUCA WORLD
• Provide clear direction
and consistent
messaging against a
backdrop of continually
shifting priorities,
supported with the use
of new virtual modes of
communication where
necessary.
21.
22. Success in VUCA WORLD
• Anticipate risks but don’t
invest too much time in
long-term strategic plans.
Don’t automatically rely
on past solutions and
instead place increased
value on new, temporary
solutions, in response to
such an unpredictable
climate.
23. Success in VUCA WORLD
• Think big picture. Make
decisions based as
much on intuition as
analysis.
24. Success in VUCA WORLD
• Capitalise on complexity. If
your talent management
strategy is working, then you
should be confident that you
have the right people in the
right place. This will enable
you to rapidly break down
any challenge into bite size
pieces and trust in the
specialist expertise and
judgement of those around
you.
25. Success in VUCA WORLD
• Be curious. Uncertain
times bring
opportunities for bold
moves. Seize the chance
to innovate.
26. Success in VUCA WORLD
• Encourage networks
rather than hierarchies
– as we reach new
levels of
interconnection and
interdependency
collaboration yields
more than competition.
27. Success in VUCA WORLD
• Leverage diversity – as
our networks of
stakeholders increase in
complexity and size, be
sure to draw on the
multiple points of view
and experience they
offer. Doing so will help
you expect the
unexpected.
28. Success in VUCA WORLD
• Never lose focus on
employee engagement.
Provide strategic
direction, whilst
allowing people the
freedom they need to
innovate new processes,
products and services.
29. Success in VUCA WORLD
• Get used to being
uncomfortable. Resist
the temptation to cling
on to outdated,
inadequate processes
and behaviours. Take
leaps of faith and enjoy
the adventure.
30. Success in VUCA WORLD
• Get used to being
uncomfortable. Resist
the temptation to cling
on to outdated,
inadequate processes
and behaviours. Take
leaps of faith and enjoy
the adventure.
